TDY

HEICO Corporation HEI posted third-quarter fiscal 2026 earnings of $1.67 per share, which beat the Zacks Consensus Estimate of $1.51 by 10.6%. The bottom line also improved 32.5% from the year-ago quarter’s $1.26. Quarterly net sales came in at $1.41 billion, which rose 23.1% year over year and surpassed the consensus mark of $1.35 billion by 4.9%. Results were driven by consolidated organic net sales growth of 14% and contributions from acquisitions. Heico Corporation price-consensus-eps-surprise-chart | Heico Corporation Quote HEICO’s cost of sales increased 20.5% year over year to $832 million. The company’s selling, general and administrative (SG&A) expenses rose 17.5% to $225.8 million. Interest expense climbed 13.3% to $35.9 million from $31.7 million in the year-ago quarter. Operating income jumped 34% year over year to $355.2 million, and consolidated operating margin expanded to 25.1% from 23.1% in the prior-year period.HEI delivered record quarterly net income of $235.4 million, up 32.8% year over year. Flight Support Group: Net sales from this segment rose 18% year over year to $947.8 million. Growth was led by robust organic expansion of 12%, supported by improved demand across the group’s product lines as well as the impact of fiscal 2026 acquisitions.The segment’s operating income increased 24% year over year to $245.3 million, and operating margin improved to 25.9% from 24.7%, helped by a more favorable product mix and efficiencies in SG&A expenses.Electronic Technologies Group: The segment’s net sales climbed 36% to $483.5 million. The increase reflected organic growth of 18% plus contributions from acquisitions completed in fiscal 2025 and fiscal 2026, with demand improving across several end markets.The segment’s operating income rose 55% year over year to $125.6 million, and operating margin expanded to 26% from 22.8%, driven by net sales growth, improved gross profit margin and better SG&A leverage. As of July 31, 2026, HEI’s cash and cash equivalents totaled $241 million compared with $217.8 million as of Oct. 31, 2025.Cash flow provided by operating activities was $815.9 million during the first nine months of fiscal 2026, reflecting a rise of 27.7% from the prior-year period’s level.HEICO reported a long-term debt (net of current maturities) of $2.54 billion as of July 31, 2026, up from $2.16 billion as of Oct. 31, 2025. HEICO currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Teledyne Technologies Inc. TDY reported second-quarter 2026 adjusted earnings of $6.28 per share, which surpassed the Zacks Consensus Estimate of $5.78 by 8.7%. The bottom line also improved 20.8% from $5.20 recorded in the year-ago quarter.Total sales were $1.66 billion, which beat the Zacks Consensus Estimate of $1.57 billion by 5.9%. The top line also jumped 9.8% from $1.51 billion reported in the year-ago quarter. Kratos Defense & Security Solutions, Inc. KTOS reported second-quarter 2026 adjusted earnings of 21 cents per share, which beat the Zacks Consensus Estimate of 13 cents by 61.5%. The bottom line also increased 90.9% from the year-ago quarter’s 11 cents.Revenues of $458.8 million outpaced the consensus estimate of $412 million by 11.4% and increased 30.5% year over year. TransDigm Group Incorporated TDG reported third-quarter fiscal 2026 adjusted earnings of $10.87 per share, which topped the Zacks Consensus Estimate of $10.29 by 5.6%. The bottom line also improved 13% from the prior-year quarter’s figure of $9.60.Sales rose 23% to $2.74 billion and beat the consensus estimate of $2.65 billion by 2.6%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Heico Corporation (HEI) : Free Stock Analysis Report Transdigm Group Incorporated (TDG) : Free Stock Analysis Report Teledyne Technologies Incorporated (TDY) : Free Stock Analysis Report Kratos Defense & Security Solutions, Inc. (KTOS) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

A month has gone by since the last earnings report for Teledyne Technologies (TDY). Shares have lost about 2.7% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Teledyne due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Teledyne's Q2 Earnings & Revenues Beat Estimates, '26 EPS View RaisedTeledyne Technologies Inc. reported second-quarter 2026 adjusted earnings of $6.28 per share, which surpassed the Zacks Consensus Estimate of $5.78 by 8.7%. The bottom line also improved 20.8% from $5.20 recorded in the year-ago quarter.Including one-time items, the company recorded GAAP earnings of $5.37 per share, up 21.6% from the prior-year period’s earnings of $4.43.The year-over-year improvement in the bottom line can be attributed to higher net sales and operating income in the second quarter than the year-ago quarter’s reported actuals. Total sales were $1.66 billion, which beat the Zacks Consensus Estimate of $1.57 billion by 5.9%. The top line also jumped 9.8% from $1.51 billion reported in the year-ago quarter. This improvement was driven by higher year-over-year sales across all business segments. Instrumentation: Sales in this segment increased 5.5% year over year to $387.8 million, driven by higher sales of marine instrumentation, primarily due to stronger offshore energy and defense markets.The adjusted operating income declined 0.1% year over year to $104.8 million.Digital Imaging: Quarterly sales in this division increased 12.7% year over year to $868.7 million. The segment benefited from higher sales of infrared imaging detectors, components and subsystems for defense and commercial applications. Surveillance systems, industrial and scientific imaging systems, and X-ray products also contributed to the growth.The adjusted operating income rose 31.2% year over year to $217.6 million.Aerospace and Defense Electronics: Sales in this segment totaled $286.4 million, up 8.2% from the prior-year quarter. The improvement was driven by higher sales of defense electronics and aerospace electronics.The adjusted operating income increased 8.6% year over year to $79.7 million.Engineered Systems: Revenues in this division jumped 8.4% year over year to $119.6 million due to higher sales of engineered products and energy systems.This segment's operating income rose 24.8% to $15.1 million. Teledyne’s cash and cash equivalents totaled $340.1 million as of June 28, 2026 compared with $352.4 million as of Dec. 28, 2025.Its long-term debt was $2.027 billion at the end of the second quarter of 2026 compared with $2.025 billion as of Dec. 28, 2025.Cash flow from operating activities totaled $315.2 million during the first six months of 2026 compared with $226.6 million in the same period last year.TDY generated free cash flow of $284.7 million, up from $196.3 million in the prior-year quarter. For the third quarter of 2026, Teledyne expects adjusted earnings between $6.05 and $6.15 per share. The Zacks Consensus Estimate for TDY’s third-quarter earnings is pegged at $5.90, which is lower than the company's guided range.For full-year 2026, Teledyne raised its adjusted earnings outlook to $24.45-$24.65 per share from the previous range of $23.85-$24.15. The Zacks Consensus Estimate for earnings is pegged at $24.10, which is lower than the company's guided range. In the past month, investors have witnessed a upward trend in fresh estimates. Currently, Teledyne has a average Growth Score of C, though it is lagging a lot on the Momentum Score front with an F. Charting a somewhat similar path, the stock was allocated a score of D on the value side, putting it in the bottom 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise Teledyne has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months. Teledyne belongs to the Zacks Aerospace - Defense Equipment industry. Another stock from the same industry, AAR (AIR), has gained 2.3% over the past month. More than a month has passed since the company reported results for the quarter ended May 2026. AAR reported revenues of $928 million in the last reported quarter, representing a year-over-year change of +23%. EPS of $1.53 for the same period compares with $1.16 a year ago. AAR is expected to post break-even earnings per share for the current quarter, representing a year-over-year change of 0%. Over the last 30 days, the Zacks Consensus Estimate has changed 0%. AAR has a Zacks Rank #1 (Strong Buy) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of C. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Teledyne Technologies Incorporated (TDY) : Free Stock Analysis Report AAR Corp. (AIR) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

HEICO Corporation HEI is scheduled to release third-quarter fiscal 2026 results on Aug. 25, after market close. The company delivered an earnings surprise of 24.81% in the last reported quarter.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results. In June 2026, HEICO acquired a 90% stake in CalRamic Technologies, a manufacturer of high-voltage ceramic capacitors, and an 80% stake in Cook Defense Systems, a supplier of armored vehicle track systems. The acquisitions are likely to have supported growth by expanding HEICO’s aerospace and defense portfolio, strengthening aftermarket capabilities and adding new revenue opportunities.Strong sales growth across product lines, led by aftermarket parts and distribution operations, along with contributions from prior acquisitions, is likely to have supported the Flight Support Group unit’s fiscal third-quarter top line.Healthy sales growth across aerospace, defense and electronics products is likely to have boosted the Electronic Technologies unit’s revenues in the quarter under review. The Zacks Consensus Estimate for HEI’s fiscal third-quarter sales is pegged at $1.34 billion, which indicates an increase of 17% from the prior-year figure.The consensus estimate for HEI’s fiscal third-quarter earnings is pegged at $1.51 per share, which indicates year-over-year growth of 19.8%. Our proven model predicts an earnings beat for HEICO this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here, as you will see below. Heico Corporation price-eps-surprise | Heico Corporation Quote Earnings ESP of HEICO: The company’s Earnings ESP is +3.20%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.HEI’s Zacks Rank: Currently, the company has a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here. TransDigm Group Incorporated TDG reported third-quarter fiscal 2026 adjusted earnings of $10.87 per share, which topped the Zacks Consensus Estimate of $10.29 by 5.6%. The bottom line also improved 13% from the prior-year quarter’s figure of $9.60.Sales rose 23% to $2.74 billion and beat the consensus estimate of $2.65 billion by 2.6%.Teledyne Technologies Inc. TDY reported second-quarter 2026 adjusted earnings of $6.28 per share, which surpassed the Zacks Consensus Estimate of $5.78 by 8.7%. The bottom line also improved 20.8% from $5.20 recorded in the year-ago quarter.Total sales were $1.66 billion, which beat the Zacks Consensus Estimate of $1.57 billion by 5.9%. The top line also jumped 9.8% from $1.51 billion reported in the year-ago quarter.Hexcel Corporation HXL reported second-quarter 2026 adjusted earnings of 66 cents per share, which improved 32% from the year-ago quarter’s figure of 50 cents. The bottom line also surpassed the Zacks Consensus Estimate of 56 cents by 17.9%.The company’s net sales totaled $529.3 million, which beat the Zacks Consensus Estimate of $522 million by 1.5%. The top line also witnessed an improvement of 8% from the year-ago quarter’s figure of $489.9 million. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Heico Corporation (HEI) : Free Stock Analysis Report Transdigm Group Incorporated (TDG) : Free Stock Analysis Report Hexcel Corporation (HXL) : Free Stock Analysis Report Teledyne Technologies Incorporated (TDY) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Axon Enterprise AXON reported its second-quarter 2026 results on Aug. 5. The public safety technology solution provider’s earnings per share narrowly missed the Zacks Consensus Estimate by 0.5% and declined 13.8% year over year.Total revenues of $904.4 million surpassed the consensus estimate of $868.4 million by 4.2% and increased 35.3% year over year. The second-quarter results benefited from persistent strength in its Connected Devices and Software & Services segments.Backed by strength across end markets, management raised its full-year revenue outlook to 32-34% growth, up from 30-32% expected earlier, while maintaining an adjusted EBITDA margin target of approximately 25.5%. The updated view reflects continued momentum across the company’s connected devices and software offerings.Let's take a closer look at the stock’s fundamentals and assess whether it's the right time to buy. Axon is witnessing strong momentum in its Connected Devices segment. Segmental revenues surged 34.6% year over year in the second quarter of 2026, following an increase of 33% in the first quarter. Strong demand for its next-generation TASER 10 products, counter-drone equipment and virtual reality training services drove its results. Growing popularity for the company’s advanced body-worn camera, Axon Body 4, also augmented the segment’s growth. With upgraded features such as a bi-directional communications facility and a point-of-view camera module option, this body camera is generating significant demand.In the second quarter, revenues from the company’s TASER product line increased 20.9% year over year, driven by TASER 10, while those from the Platform Solutions product line soared 122.6%, supported by counter-drone, virtual reality and fleet. Also, revenues from Personal Sensors increased 2.8%, led by Axon Body 4.AXON is also benefiting from persistent strength in its Software & Services segment.  In the second quarter, the segment’s revenues increased 36.2% year over year. Higher adoption of its premium software offerings, including Axon Fusus, the AI Era Plan and Axon 911, and solid demand for premium add-on features are driving the segment’s growth.Given the rising global demand for Counter-Unmanned Aircraft Systems (CUAS), Axon is also witnessing strong momentum in its Dedrone platform. After witnessing year-over-year growth of 300% in the first quarter, revenues from the Dedrone platform surpassed $100 million in the second quarter. The company also launched Dedrone C2, an upgraded version of the platform. This C2 version comes with enhanced sensor fusion technology, offering stronger detection capabilities.AXON remains focused on strategic collaborations with other companies to expand its product offerings and customer base. In October 2025, Axon’s Dedrone business announced its partnership with TYTAN (a leading provider of interceptor systems for Group 3 drones) to boost detection, identification and mitigation capabilities of counter-drone equipment. The integration of TYTAN’s kinetic interceptor technology enhanced Dedrone’s CUAS mitigation capability, making it suitable to deploy against Group 3 threats. Shares of the company have gained 39.6% in the past six months compared with the industry and S&P 500 composite’s growth of 2.1% and 12.8%, respectively. It has also outpaced other industry players like Teledyne Technologies Incorporated TDY and Woodward, Inc. WWD, which have returned 3.9% and declined 4.4%, respectively, over the said time frame. Image Source: Zacks Investment Research The Zacks Consensus Estimate for AXON’s 2026 earnings per share has been stable at $7.83 in the past 60 days; the same for 2027 has remained unchanged at $10.64. Image Source: Zacks Investment Research The escalating costs and expenses are a concern for Axon’s bottom line. In the first six months of the year, its cost of sales increased 36.9% year over year to $688 million. Selling, general and administrative expenses were $550.1 million, while research and development expenses totaled $397.6 million in the same period, reflecting increases of 18.1% and 26.8%, respectively.The adjusted gross margin decreased to 62.3% from 63.4% in the year-ago comparable period. A higher mix of professional services revenues and the scaling of newer products more than offset the benefits from global tariff refunds.Axon has been facing the pressure of high debt levels. Exiting second-quarter 2026, the company’s long-term notes payable (net) were $1.73 billion. Considering its high debt level, its cash and cash equivalents of $597.7 million do not look impressive. AXON’s lofty valuation remains another concern. The stock is trading at a forward 12-month price-to-earnings (P/E) ratio of 62.71X, significantly higher than the industry average of 41.75X. This elevated valuation could make the stock vulnerable to further pullbacks if market sentiment sours. Also, the stock is overvalued compared with its peers, Teledyne Technologies and Woodward, which are trading at 26.45X and 35.47X, respectively. Image Source: Zacks Investment Research Persistent strength across the Connected Devices and Software & Services segments, along with its investments in AI products, drones and robotics, positions AXON favorably for impressive growth in the long run. However, near-term challenges, such as escalating operating expenses, premium valuation and high debt, are limiting this Zacks Rank #3 (Hold) company’s near-term prospects.While current shareholders should hold their positions, new investors should wait for the stock to retract some of its recent gains and provide a better entry point. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Axon Enterprise, Inc (AXON) : Free Stock Analysis Report Teledyne Technologies Incorporated (TDY) : Free Stock Analysis Report Woodward, Inc. (WWD) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Varex Imaging reported higher revenue, stronger non-GAAP margins and improved earnings, although tariff refunds and related customer reimbursements provided a roughly $10 million benefit to quarterly gross profit. Varex Imaging (NASDAQ:VREX) reported Q3 FY2026 revenue of $211 million, up 4% year over year, with Industrial revenue reaching $77 million and Medical revenue at $134 million. Non-GAAP gross margin expanded to 37% from 34%, while non-GAAP EPS increased to $0.31 from $0.13 a year earlier. IEEPA tariff refunds and expected customer reimbursements increased quarterly gross profit by approximately $10 million, making the underlying margin picture important for investors to assess. Operating cash flow reached $21 million, although cash, cash equivalents and marketable securities declined to $99 million from $155 million at fiscal 2025 year-end. The pending transaction with Teledyne Technologies is now a central consideration for VREX investors, with Varex cancelling its earnings call and declining to issue financial guidance. Varex Imaging (NASDAQ:VREX) reported Q3 FY2026 revenue growth alongside substantial improvement in margins and earnings, supported by continued strength in its Industrial business. Revenue increased 4% year over year to $211 million. Before a $7 million adjustment for expected customer reimbursements related to previously billed IEEPA tariffs, management said product sales were approximately $217 million. Industrial revenue was $77 million, with Varex citing strong growth and continued expansion in cargo and vehicle inspection systems. Medical revenue accounted for $134 million. Non-GAAP gross margin rose to 37% from 34% in the prior-year quarter, while non-GAAP operating margin reached 12%. Non-GAAP diluted EPS more than doubled to $0.31 from $0.13. Investors should note the tariff-related impact on profitability. Varex received $17 million in refunds from U.S. Customs for previously paid IEEPA tariffs and recorded the $7 million revenue reduction for expected customer reimbursements. Combined, those items increased Q3 gross profit by approximately $10 million. The results indicate improving operating performance, particularly through Industrial sales and stronger reported margins. The increase in non-GAAP EPS also shows substantially higher quarterly earnings compared with the prior year. However, the tariff recovery means part of the gross profit improvement came from a specific reimbursement event rather than solely from underlying operations. That could make future margin performance without the approximately $10 million benefit an important indicator of the company’s operating trajectory. Cash generation was positive, with $21 million of operating cash flow during the quarter. At the same time, cash, cash equivalents and marketable securities declined to $99 million from $155 million at the end of fiscal 2025. Varex attributed the decline primarily to its March debt redemption and refinancing and increased working capital associated with inventory. The investment narrative is also being reshaped by the announced transaction with Teledyne Technologies. Varex cancelled its scheduled Q3 earnings conference call and will not provide financial guidance while the transaction is pending. Investors may focus on developments surrounding the Teledyne transaction and any information provided about its progression. For the underlying business, Industrial growth, cargo and vehicle inspection demand, operating cash generation and margins excluding the Q3 tariff-related benefit could provide useful indications of operating momentum. Varex Imaging Corporation stock price

Honeywell Aerospace Inc. HONA reported second-quarter 2026 adjusted earnings of $1.87 per share, which missed the Zacks Consensus Estimate of $2.07 by 9.7%. The bottom line declined 32% from $2.75 in the year-ago quarter. Sales rose 5% year over year to $4.52 billion but missed the consensus estimate of $4.67 billion by 3.1%. Supply constraints limited deliveries across end markets, while backlog increased 9% to $18.15 billion.Commercial Aftermarket sales increased 8% to $2.03 billion, supported by broad-based demand across the installed base and higher business aviation flight hours. Commercial Original Equipment sales rose 6% to $679 million as commercial air transport shipments recoupled with higher customer build schedules. Defense and Space revenues advanced 3% to $1.82 billion, as stronger domestic volumes were partly offset by supply-constrained international deliveries and the wind-down of a restricted government program. Honeywell Aerospace inc. price-consensus-eps-surprise-chart | Honeywell Aerospace inc. Quote Electronic Solutions sales grew 8% to $1.77 billion, led by Defense and Space and Commercial Aftermarket demand. Segment adjusted EBIT declined 3% to $459 million as higher volume and pricing were more than offset by unfavorable mix and higher costs.Engines & Power Systems sales increased 1% to $1.41 billion, but segment adjusted EBIT dropped 32% to $174 million. Control Systems sales rose 7% to $1.34 billion, while segment adjusted EBIT improved 8% to $389 million as pricing more than offset higher costs. Adjusted EBIT declined 7% to $995 million from $1.07 billion. The adjusted EBIT margin contracted to 22% from 24.9%, reflecting unfavorable sales mix, higher costs and roughly $50 million of inventory obsolescence charges.The company allocated more output to domestic defense customers and Engines & Power Systems original equipment programs, which carry lower profitability. Reported net income fell 70% to $256 million, while GAAP earnings decreased to 78 cents per share from $2.66. Cash and cash equivalents amounted to $1.06 billion as of June 27, 2026, up from $213 million as of 2025-end. Long-term debt increased to $15.85 billion from $4 million, reflecting financing transactions related to the separation from Honeywell Technologies.Net cash provided by operating activities totaled $571 million in the quarter, down from $748 million a year earlier. Management lowered its 2026 organic sales growth outlook to 4-5% from 7-9%. Pro forma standalone adjusted EBIT is now projected to be between $4.35 billion and $4.45 billion, down from the prior guidance of $4.65 billion to $4.75 billion. The company initiated pro forma standalone adjusted earnings guidance of $7.60-$7.90 per share and maintained second-half free cash flow guidance of $1-$1.5 billion. The Zacks Consensus Estimate is pinned at $8.44 per share, which is higher than the company’s newly guided range. The company currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Teledyne Technologies Inc. TDY reported second-quarter 2026 adjusted earnings of $6.28 per share, which surpassed the Zacks Consensus Estimate of $5.78 by 8.7%. The bottom line also improved 20.8% from $5.20 recorded in the year-ago quarter.TDY’s total sales were $1.66 billion, which beat the Zacks Consensus Estimate of $1.57 billion by 5.9%. The top line also jumped 9.8% from $1.51 billion reported in the year-ago quarter. Hexcel Corporation HXL reported second-quarter 2026 adjusted earnings of 66 cents per share, which improved 32% from the year-ago quarter’s figure of 50 cents. The bottom line also surpassed the Zacks Consensus Estimate of 56 cents by 17.9%.The company’s net sales were $529.3 million, which beat the Zacks Consensus Estimate of $522 million by 1.5%. The top line also witnessed an improvement of 8% from the year-ago quarter’s figure of $489.9 million.Textron Inc. TXT reported second-quarter 2026 adjusted earnings of $1.62 per share, which surpassed the Zacks Consensus Estimate of $1.52 by 6.6%. The bottom line also rose 4.5% from $1.55 in the year-ago quarter. The company reported total revenues of $3.83 billion, which beat the Zacks Consensus Estimate of $3.82 billion by 0.15%. The top line also increased 3% from the year-ago quarter’s level of $3.72 billion. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Honeywell Aerospace inc. (HONA) : Free Stock Analysis Report Textron Inc. (TXT) : Free Stock Analysis Report Hexcel Corporation (HXL) : Free Stock Analysis Report Teledyne Technologies Incorporated (TDY) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

TransDigm Group Incorporated TDG reported third-quarter fiscal 2026 adjusted earnings of $10.87 per share, which topped the Zacks Consensus Estimate of $10.29 by 5.6%. The bottom line also improved 13% from the prior-year quarter’s figure of $9.60.The company reported GAAP earnings of $9.39 per share compared with $8.47 in the year-ago quarter. Sales rose 23% to $2.74 billion and beat the consensus estimate of $2.65 billion by 2.6%. Organic sales growth was 13%, supported by double-digit gains across all three major aerospace market channels. Transdigm Group Incorporated price-consensus-eps-surprise-chart | Transdigm Group Incorporated Quote Gross profit increased 22.2% year over year to $1.63 billion. The gross margin was 59.4%, slightly below 59.5% in the prior-year quarter.Selling and administrative expenses rose to $332 million from $242 million. These expenses represented 12.1% of sales compared with 10.8% a year earlier. Net interest expense increased 29.5% to $514 million, reflecting interest on debt raised by the company.EBITDA As Defined rose 18.9% to $1.45 billion. However, the related margin contracted to 52.8% from 54.4%, partly reflecting acquisition dilution. Management noted that the base businesses expanded margins year over year after excluding that dilution. GAAP net income increased 9.5% to $540 million, while reported earnings rose to $9.39 per share from $8.47. TransDigm completed the acquisitions of Jet Parts Engineering and Victor Sierra in April 2026 for approximately $2.2 billion in cash. The businesses expand the company’s exposure to proprietary aerospace aftermarket parts and repair solutions.After the quarter ended, TDG agreed to acquire Prince & Izant for approximately $1.07 billion in cash, including certain tax benefits. The company expects the business to strengthen its position in aerospace and defense, aeroderivative turbine and transportation markets.TDG also repurchased 809,101 shares during the quarter at an average price of $1,208 per share, returning $1 billion to shareholders. Fiscal year-to-date repurchases totaled $1.8 billion for nearly 1.5 million shares. Cash and cash equivalents as of June 27, 2026, amounted to $2.77 billion, down from $2.81 billion recorded as of Sept. 30, 2025.Total debt was $33.71 billion, while net debt was $30.93 billion. The company reported a total net leverage ratio of 5.8 times. About 75% of gross debt was hedged or fixed through fiscal 2029 using interest-rate caps, swaps and collars, limiting near-term exposure to variable-rate increases.Net cash provided by operating activities for the first 39 weeks of fiscal 2026 increased to $1.69 billion from $1.53 billion. Management raised fiscal 2026 guidance after bookings exceeded expectations and operating momentum remained strong. The updated outlook excludes contributions from the pending Prince & Izant acquisition.Net sales are now projected to be between $10.47 billion and $10.55 billion, up $150 million at the midpoint from the prior forecast. EBITDA As Defined is expected to be in the range of $5.49 billion to $5.55 billion, representing a $100 million midpoint increase. The Zacks Consensus Estimate is pegged at $10.36 billion, which is lower than the company’s newly guided range.Adjusted earnings are forecasted to be between $40.62 and $41.46 per share compared with the previous range of $38.83-$40.21. The Zacks Consensus Estimate for fiscal 2026 earnings is pegged at $39.96 per share, lower than the company’s revised guidance. TransDigm currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Teledyne Technologies Inc. TDY reported second-quarter 2026 adjusted earnings of $6.28 per share, which surpassed the Zacks Consensus Estimate of $5.78 by 8.7%. The bottom line also improved 20.8% from $5.20 recorded in the year-ago quarter.TDY’s total sales were $1.66 billion, which beat the Zacks Consensus Estimate of $1.57 billion by 5.9%. The top line also jumped 9.8% from $1.51 billion reported in the year-ago quarter. Hexcel Corporation HXL reported second-quarter 2026 adjusted earnings of 66 cents per share, which improved 32% from the year-ago quarter’s figure of 50 cents. The bottom line also surpassed the Zacks Consensus Estimate of 56 cents by 17.9%.The company’s net sales were $529.3 million, which beat the Zacks Consensus Estimate of $522 million by 1.5%. The top line also witnessed an improvement of 8% from the year-ago quarter’s figure of $489.9 million.Textron Inc. TXT reported second-quarter 2026 adjusted earnings of $1.62 per share, which surpassed the Zacks Consensus Estimate of $1.52 by 6.6%. The bottom line also rose 4.5% from $1.55 in the year-ago quarter. The company reported total revenues of $3.83 billion, which beat the Zacks Consensus Estimate of $3.82 billion by 0.15%. The top line also increased 3% from the year-ago quarter’s level of $3.72 billion. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Transdigm Group Incorporated (TDG) : Free Stock Analysis Report Textron Inc. (TXT) : Free Stock Analysis Report Hexcel Corporation (HXL) : Free Stock Analysis Report Teledyne Technologies Incorporated (TDY) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Leidos Holdings, Inc. LDOS reported second-quarter 2026 non-GAAP earnings of $3.26 per share, beating the Zacks Consensus Estimate of $2.90 by 12.4%. Earnings increased 1.6% from $3.21 in the year-ago quarter.On a GAAP basis, earnings per share were $2.81, down from $3.01 a year ago. Management attributed the year-over-year decline in GAAP results to discrete costs tied to the Entrust acquisition and the pending joint venture involving security-related businesses. Total revenues came in at $4.56 billion, up 7.2% year over year and above the Zacks Consensus Estimate of $4.36 billion by 4.5%. Organic revenues increased 3.9% to $4.41 billion.The company said revenues grew on higher customer demand for defense technology products, energy and air traffic management solutions, and intelligence mission support. Acquisition and divestiture revenues totaled $150 million compared with $9 million in the prior-year quarter.Demand remained solid in the quarter. Net bookings totaled $4.9 billion, translating into a book-to-bill ratio of 1.1. The trailing-12-month book-to-bill ratio was also 1.1, supporting year-over-year growth in both total and funded backlog. Leidos Holdings, Inc. price-consensus-eps-surprise-chart | Leidos Holdings, Inc. Quote Backlog at quarter-end was $48.71 billion, including $10.22 billion funded and $38.49 billion unfunded. Total backlog increased 5% year over year, while funded backlog jumped 44%.By segment, Intelligence & Digital backlog totaled $18.41 billion, Health was $6.61 billion, Homeland was $9.93 billion and Defense was $13.76 billion. Backlog as of July 3, 2026, included $371 million acquired through the Entrust transaction within the Homeland segment. Cost of revenues totaled $3.74 billion compared with $3.47 billion in the prior-year quarter. Selling, general and administrative expenses increased to $283 million from $217 million, while acquisition, integration and restructuring costs rose to $27 million from $2 million.Operating income was $514 million, down from $571 million in the year-ago period. The operating margin contracted to 11.3% from 13.4%. Interest expense increased to $69 million from $55 million.Adjusted EBITDA declined to $631 million from $647 million. The adjusted EBITDA margin was 13.8% compared with 15.2% a year ago. The prior-year quarter benefited from several one-time, non-operational gains, including a $25 million insurance reimbursement for legal costs. Intelligence & Digital revenues rose to $1.50 billion from $1.41 billion, supported by recent contract awards and higher Intelligence Community mission-support volumes. The segment also included $9 million of revenues from Kudu Dynamics. Non-GAAP operating margin remained unchanged at 10.1%.Health revenues declined to $1.09 billion from $1.18 billion, primarily due to lower medical disability examination volumes. Non-GAAP operating margin decreased to 23.8% from 26.3%.Homeland revenues increased to $1.02 billion from $771 million, driven by continued demand in the Air Traffic and Energy businesses. Results included $141 million from Entrust. Non-GAAP operating margin improved to 12.1% from 9.3% on a better mix of security products, improved program performance and lower indirect expenses.Defense revenues were $955 million compared with $899 million a year ago, reflecting increased demand for several defense technology product lines. Non-GAAP operating margin was 9.9% compared with 10% in the prior-year period. Cash and cash equivalents were $748 million at quarter-end compared with $1.11 billion as of Jan. 2, 2026. Long-term debt, net of the current portion, increased to $6.01 billion from $4.63 billion over the same period.Net cash provided by operating activities totaled $793 million for the quarter, up from $486 million in the prior-year period.Leidos returned $127 million to shareholders, including $72 million in share repurchases and $55 million in dividend payments. Leidos raised its 2026 revenue outlook to $18.20-$18.40 billion from the prior range of $18.00-$18.40 billion. The Zacks Consensus Estimate for revenues is pegged at $18.12 billion, which is below the company’s guided range.Non-GAAP earnings are now projected at $12.20-$12.50 per share compared with the previous range of $12.10-$12.50. The Zacks Consensus Estimate for earnings is pegged at $12.30 per share, which lies below the midpoint of the company’s guided range.The company also raised its cash flows provided by operating activities outlook to approximately $1.85 billion from approximately $1.80 billion. Leidos Holdings currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Teledyne Technologies Inc. TDY reported second-quarter 2026 adjusted earnings of $6.28 per share, which surpassed the Zacks Consensus Estimate of $5.78 by 8.7%. The bottom line also improved 20.8% from $5.20 recorded in the year-ago quarter.Total sales were $1.66 billion, which beat the Zacks Consensus Estimate of $1.57 billion by 5.9%. The top line also jumped 9.8% from $1.51 billion reported in the year-ago quarter.Northrop Grumman Corporation NOC reported second-quarter 2026 adjusted earnings of $7.68 per share, which beat the Zacks Consensus Estimate of $6.84 by 12.3%. The bottom line, however, declined 5.8% from the year-ago quarter’s level of $8.15.NOC’s total sales of $10.88 billion in the second quarter beat the Zacks Consensus Estimate of $10.80 billion by 0.7%. The top line also improved 5.1% from $10.35 billion reported in the year-ago quarter.AAR Corp. AIR reported fourth-quarter fiscal 2026 adjusted earnings of $1.53 per share, which topped the Zacks Consensus Estimate of $1.41 by 8.5%. The bottom line also improved 31.9% from the year-ago quarter’s level of $1.16.In the fourth quarter, AAR generated net sales of $928 million. The reported figure beat the Zacks Consensus Estimate of $892 million by 4%. The figure also increased 23% from $754.5 million recorded in the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Leidos Holdings, Inc. (LDOS) : Free Stock Analysis Report Northrop Grumman Corporation (NOC) : Free Stock Analysis Report AAR Corp. (AIR) : Free Stock Analysis Report Teledyne Technologies Incorporated (TDY) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Huntington Ingalls Industries, Inc. HII reported second-quarter 2026 earnings of $5.27 per share, up 36.5% year over year and 39.1% above the Zacks Consensus Estimate of $3.79.Revenues rose 10.9% to $3.42 billion and beat the consensus mark of $3.14 billion by 8.9%. Higher aircraft carrier, submarine and amphibious assault ship volumes drove growth.New contract awards totaled $6.7 billion, lifting backlog to $57.3 billion. Huntington Ingalls reported segmental operating income of $224 million compared with $172 million in the second quarter of 2026. The segmental operating margin expanded 100 basis points from the prior-year figure to 5.6%. Huntington Ingalls Industries, Inc. price-consensus-eps-surprise-chart | Huntington Ingalls Industries, Inc. Quote Newport News Shipbuilding remained the largest revenue contributor. Revenues increased to $1.85 billion from $1.60 billion, driven by higher aircraft carrier and submarine volumes. Segment operating income rose to $111 million from $82 million, while margin improved to 6% from 5.1% on contract adjustments, incentives and stronger volumes.Ingalls Shipbuilding revenues advanced to $845 million from $724 million, primarily due to higher amphibious assault ship volumes. Segment operating income increased to $58 million from $54 million, though margin declined to 6.9% from 7.5%.Mission Technologies revenues fell to $760 million from $791 million. Lower All-Domain Operations and Global Security volumes more than offset growth in Warfare Systems and Unmanned Systems. Segment operating income improved to $55 million from $36 million, while margin expanded to 7.2% from 4.6% on higher equity income from nuclear and environmental joint ventures. Cash flow remained pressured in the second quarter. Net cash used in operating activities was $31 million against net cash provided by operating activities of $823 million in the year-ago quarter. Free cash flow was negative $150 million against positive $730 million a year earlier. Net capital expenditures totaled $119 million in the quarter. On capital deployment, HII paid $55 million in dividends and did not repurchase shares during the quarter. The company ended June 2026 with $12 million in cash and cash equivalents and $1.7 billion in liquidity. Management reaffirmed its full-year expectations and maintained its medium-term growth framework. For 2026, HII continues to project shipbuilding revenues of $10.20-$10.40 billion with a shipbuilding operating margin of 6.0-6.5%.Mission Technologies revenues are still expected at $3.0-$3.2 billion, with segment operating margin around 5% and EBITDA margin of 8.4-8.6%.The company also reiterated free cash flow guidance of $500-$600 million and capital expenditures of 4-5% of sales. Huntington Ingalls currently carries a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Teledyne Technologies Inc. TDY reported second-quarter 2026 adjusted earnings of $6.28 per share, which surpassed the Zacks Consensus Estimate of $5.78 by 8.7%. The bottom line also improved 20.8% from $5.20 recorded in the year-ago quarter.Total sales were $1.66 billion, which beat the Zacks Consensus Estimate of $1.57 billion by 5.9%. The top line also jumped 9.8% from $1.51 billion reported in the year-ago quarter.Northrop Grumman Corporation NOC reported second-quarter 2026 adjusted earnings of $7.68 per share, which beat the Zacks Consensus Estimate of $6.84 by 12.3%. The bottom line, however, declined 5.8% from the year-ago quarter’s level of $8.15.NOC’s total sales of $10.88 billion in the second quarter beat the Zacks Consensus Estimate of $10.80 billion by 0.7%. The top line also improved 5.1% from $10.35 billion reported in the year-ago quarter.AAR Corp. AIR reported fourth-quarter fiscal 2026 adjusted earnings of $1.53 per share, which topped the Zacks Consensus Estimate of $1.41 by 8.5%. The bottom line also improved 31.9% from the year-ago quarter’s level of $1.16.In the fourth quarter, AAR generated net sales of $928 million. The reported figure beat the Zacks Consensus Estimate of $892 million by 4%. The figure also increased 23% from $754.5 million recorded in the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Huntington Ingalls Industries, Inc. (HII) : Free Stock Analysis Report Northrop Grumman Corporation (NOC) : Free Stock Analysis Report AAR Corp. (AIR) : Free Stock Analysis Report Teledyne Technologies Incorporated (TDY) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Woodward, Inc. WWD reported third-quarter fiscal 2026 adjusted earnings of $2.52 per share, up 43.2% year over year. The bottom line beat the Zacks Consensus Estimate of $2.39 by 5.4%. Net sales rose 21.2% to $1.11 billion but missed the consensus mark of $1.114 billion by 0.4%. Commercial OEM sales surged 34%, while demand remained broad across Woodward's Industrial markets. In the past year, shares have gained 50.6% compared with the Zacks Aerospace - Defense Equipment industry’s rise of 4.8%. Image Source: Zacks Investment Research Aerospace sales increased 19% to $709 million. Commercial OEM revenues reached $234 million as aircraft production rates increased, while commercial services generated $268 million on continued legacy aircraft servicing and growing LEAP and GTF activity. Management said service inputs remained steady to higher across newer engine platforms. Defense OEM sales declined 6% to $141 million because of a one-time revenue recognition adjustment. Excluding that item, sales would have grown in the mid-single digits. Defense services rose 20% to $66 million. Segment earnings advanced 35% to $170 million, and margin expanded 290 basis points (bps) to 24%. A retroactive contract pricing adjustment added about 100 bps to the margin. Industrial sales climbed 26% to $401 million. Transportation revenues increased 40% to $180 million, aided by strong marine demand and $40 million of China on-highway sales. Power generation rose 19% to $145 million on robust data-center demand for prime and backup power. Oil and gas revenues advanced 11% to $76 million, supported by liquefied natural gas infrastructure activity and improving upstream capital spending. Industrial earnings jumped 86% to $88 million, while margin expanded 720 bps to 22.1%. China on-highway contributed about 90 bps to the margin. Core Industrial sales, which exclude that business, grew 19% to $361 million. Adjusted EBITDA increased 50% to $249 million, while adjusted EBIT rose 58% to $217 million. Total costs and expenses were $916.2 million compared with $788.6 million a year earlier. Profitability benefited from higher volume and pricing, partly offset by inflation, unfavorable mix and a higher tax burden. The adjusted effective tax rate rose to 24.2% from 14.5%. Companywide price realization was 10% in the quarter. Management expects full-year pricing of about 8%, with a more normal 3-5% range going forward. Lean initiatives are beginning to improve factory productivity. Automation across machining, inspection and material handling is intended to reduce the need for roughly 1,000 incremental hires by 2029. Woodward, Inc. price-consensus-eps-surprise-chart | Woodward, Inc. Quote Net cash provided by operating activities increased 17% to $147 million. Free cash flow declined 12% to $87 million as capital expenditures more than doubled to $60 million. Management expects spending to rise sharply in the fourth quarter, mainly to finish the Spartanburg facility and purchase equipment for the A350 spoiler program. Woodward ended June with $475 million in cash and cash equivalents and $1.34 billion of total debt. EBITDA leverage was 1.6 times. Through nine months, operating cash flow reached $352 million and free cash flow totaled $196 million. The company returned $608 million to shareholders, including $553 million through repurchases and $55 million through dividends. WWD raised its fiscal 2026 adjusted earnings guidance to $9.30-$9.50 per share from $9.15-$9.45. The company maintained its sales growth outlook of 20-23%, free cash flow forecast of $300-$350 million and capital expenditure plan of approximately $290 million. It expects to return about $700 million to shareholders for the full year. Aerospace sales are now expected to grow 21-23%, with a segment margin of about 23.5%. Industrial sales growth is projected at 19-21%, up from 18-20%, while segment margin is expected to reach roughly 19%. The adjusted effective tax rate forecast increased to approximately 22.5%. Woodward currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Teledyne Technologies Inc. TDY reported second-quarter 2026 adjusted earnings of $6.28 per share, which surpassed the Zacks Consensus Estimate of $5.78 by 8.7%. The bottom line also improved 20.8% from $5.20 recorded in the year-ago quarter. Total sales were $1.66 billion, which beat the Zacks Consensus Estimate of $1.57 billion by 5.9%. The top line also jumped 9.8% from $1.51 billion reported in the year-ago quarter. This improvement was driven by higher year-over-year sales across all business segments. America Movil, S.A.B. de C.V. AMX reported net income per ADR of 47 cents for the second quarter of 2026, up from 38 cents in the prior-year quarter. The earnings figure missed the Zacks Consensus Estimate of 52 cents. Total quarterly revenues rose 3.1% to Mex$241,071 million, driven by rapid momentum across the Service and Equipment segments. BlackBerry Limited BB reported first-quarter fiscal 2027 non-GAAP earnings per share of 4 cents. The figure beat the company’s estimate of 2-3 cents. In the year-ago quarter, it reported a non-GAAP EPS of 2 cents. The Zacks Consensus Estimate was pegged at 3 cents per share. BlackBerry generated $152.9 million in fiscal first-quarter revenue, representing 26% year-over-year growth. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report America Movil, S.A.B. de C.V. Unsponsored ADR (AMX) : Free Stock Analysis Report Teledyne Technologies Incorporated (TDY) : Free Stock Analysis Report Woodward, Inc. (WWD) : Free Stock Analysis Report BlackBerry Limited (BB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Hexcel Corporation HXL reported second-quarter 2026 adjusted earnings of 66 cents per share, which improved 32% from the year-ago quarter’s figure of 50 cents. The bottom line also surpassed the Zacks Consensus Estimate of 56 cents by 17.9%.The company reported GAAP earnings of 64 cents per share, which surpassed the year-ago quarter’s earnings of 17 cents. The company’s net sales totaled $529.3 million, which beat the Zacks Consensus Estimate of $522 million by 1.5%. The top line also witnessed an improvement of 8% from the year-ago quarter’s figure of $489.9 million. Hexcel Corporation price-consensus-eps-surprise-chart | Hexcel Corporation Quote Hexcel's gross margin was 26.1%, which increased 330 basis points from the prior-year quarter. The improvement can be attributed to favorable cost leverage driven by higher sales.Selling, general and administrative expenses increased 9.8% year over year to $47.2 million.Meanwhile, research and development expenses rose 21% year over year to $17.3 million.HXL’s adjusted operating income was $72.6 million compared with $30 million in the year-ago period. Commercial Aerospace: Net sales increased 18.3% year over year to $346.6 million, driven by sales growth from Airbus A350, as well as Boeing 787 programs. This market contributed 66% to total revenues in the first half of 2026.Defense, Space & Other: Net sales decreased 7.2% year over year to $182.7 million due to the divestment of the Austrian-based industrial business. This market contributed 34% to total revenues in the first half of 2026. As of June 30, 2026, Hexcel’s cash and cash equivalents were $62.2 million compared with $71 million as of Dec. 31, 2025.The company’s long-term debt totaled $959.4 million as of June 30, 2026, down from $993 million as of 2025-end.HXL’s cash flow from operating activities was $96.7 million against a cash outflow of $5.2 million in the prior year. Hexcel expects to generate sales in the range of $2.03-$2.13 billion for 2026. The Zacks Consensus Estimate is pegged at $2.08 billion, which lies above the midpoint of the company’s sales guidance.HXL also expects its adjusted earnings per share to be in the range of $2.30-$2.40 for 2026. The Zacks Consensus Estimate is currently pegged at $2.26 per share, which is below the company’s guided range.Hexcel expects to generate a free cash flow of more than $195 million in 2026. It also expects capital expenditure to be less than $100 million. Hexcel currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Teledyne Technologies Inc. TDY reported second-quarter 2026 adjusted earnings of $6.28 per share, which surpassed the Zacks Consensus Estimate of $5.78 by 8.7%. The bottom line also improved 20.8% from $5.20 recorded in the year-ago quarter.Total sales were $1.66 billion, which beat the Zacks Consensus Estimate of $1.57 billion by 5.9%. The top line also jumped 9.8% from $1.51 billion reported in the year-ago quarter.Northrop Grumman Corporation NOC reported second-quarter 2026 adjusted earnings of $7.68 per share, which beat the Zacks Consensus Estimate of $6.84 by 12.3%. The bottom line, however, declined 5.8% from the year-ago quarter’s level of $8.15.NOC’s total sales of $10.88 billion in the second quarter beat the Zacks Consensus Estimate of $10.80 billion by 0.7%. The top line also improved 5.1% from $10.35 billion reported in the year-ago quarter.AAR Corp. AIR reported fourth-quarter fiscal 2026 adjusted earnings of $1.53 per share, which topped the Zacks Consensus Estimate of $1.41 by 8.5%. The bottom line also improved 31.9% from the year-ago quarter’s level of $1.16.In the fourth quarter, AAR generated net sales of $928 million. The reported figure beat the Zacks Consensus Estimate of $892 million by 4%. The figure also increased 23% from $754.5 million recorded in the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hexcel Corporation (HXL) : Free Stock Analysis Report Northrop Grumman Corporation (NOC) : Free Stock Analysis Report AAR Corp. (AIR) : Free Stock Analysis Report Teledyne Technologies Incorporated (TDY) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Teledyne Technologies (TDY) is back in focus after reporting Q2 2026 earnings, with record quarterly orders, revenue of $1.66b, and adjusted EPS of $6.28 that came in above consensus expectations. See our latest analysis for Teledyne Technologies. Teledyne Technologies has seen its 1-month share price return of 5.49% and 7-day share price return of 4.22% pick up after the Q2 beat and raised outlook, while a 1-year total shareholder return of 19.01% and 3-year total shareholder return of 67.71% point to momentum that has built over a longer horizon. If Teledyne’s earnings beat has you thinking about where else growth could come from, it could be worth scanning 54 AI infrastructure stocks as a next step. After Teledyne Technologies’ post earnings jump and with the stock trading about 14% below the average analyst price target, but at a small premium to estimated intrinsic value, is the market being too cautious or appropriately selective? Teledyne Technologies last closed at $650.50 versus a most followed narrative fair value of $736.85, framing the current debate around how much execution is already priced in. Read the complete narrative. Want to see what sits behind that confidence in Teledyne’s order book and earnings power? The narrative focuses on sustained growth, firmer margins and a richer future earnings multiple, all incorporated into a detailed valuation roadmap. Result: Fair Value of $736.85 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, Teledyne Technologies still faces pressure points, including softer organic sales momentum and integration challenges that could weigh on margins if execution falls short. Find out about the key risks to this Teledyne Technologies narrative. While the analyst narrative points to Teledyne Technologies trading about 11.7% below its fair value, a different lens tells a more cautious story. On a P/E of 30.9x, the stock sits above its fair ratio of 24.5x and also slightly above the US Electronic industry average of 29.9x. This implies less margin for error if earnings or sentiment soften. See what the numbers say about this price — find out in our valuation breakdown. Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Teledyne Technologies for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 47 high quality undervalued stocks. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity. If the mix of optimism and caution around Teledyne Technologies feels familiar, this is a good time to act promptly and review the numbers yourself using the 2 key rewards. If Teledyne Technologies has sharpened your focus, do not stop here. Use the Simply Wall Street Screener to broaden your watchlist with targeted opportunities. Hunt for quality at a discount by reviewing companies in the 47 high quality undervalued stocks that pair solid fundamentals with prices that sit below their assessed worth. Strengthen your income potential by scanning the 7 dividend fortresses for stocks offering higher dividend yields with a focus on resilience. Prioritise capital preservation by checking the 82 resilient stocks with low risk scores featuring companies assessed to carry relatively lower risk profiles. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include TDY. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]